Rentomojo’s initial public offering (IPO) received 1.42 times the shares on offer on day one, led by non-institutional investors. The Bengaluru-based furniture and home appliances rental startup is seeking Rs 150 crore in fresh capital, while existing investors are selling shares worth Rs 1,106 crore through an offer for sale (OFS).

Rentomojo, the furniture and appliance rental company, is gearing up for a significant IPO, poised to raise over one thousand crore rupees. Nitish Mittersain stands to gain…

Rentomojo has raised Rs 376 crore from anchor investors ahead of its IPO, which opens on September 9. The company allotted 93 lakh shares to 41 investors at Rs 404 apiece.…

Rentomojo plans a ₹150 crore fresh issue and ₹1,105.6 crore offer for sale. The company shows strong revenue growth and improving profitability metrics. Active subscribers have…